All items tagged with: inflation

Tax Tip: What’s Deductible When Interest Rates Rise?

Posted: March 27, 2018 By: Evelyn Jacks By :
Posted in: Strategic Thinking , Financial Literacy, CRA, knowledge bureau, Canada Revenue Agency, Bank of canada, Evelyn Jacks, tax courses, inflation, prescribed interest rates, financial education, financial courses, online courses, online education, online campus, overdue taxes, interest rate increase, CRA deadline

With the prescribed interest rate doubling to 2% as of April 1, there will be a significant impact on Canadians who face overdue tax balances with the CRA.  It follows that understanding what interest costs are deductible and which are not, is of new interest.  This subject is one that qualified tax and financial advisors will be prepared to discuss with clients as we tee up for the busiest month of tax season.

Advisors’ Approach to Retirement Planning – What’s New?

Posted: October 24, 2017 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , tax preparation, Debt Management, Tax Planning, Financial Advisor, investments, knowledge bureau, interest rates, Evelyn Jacks, retirement planning, inflation, tax education, CE summits, Distinguished Advisor Workshops, financial courses, financial conferences, Canadian pension, retirement trends, mortgage reduction, earn CE credits

The world has changed dramatically over the last couple of decades—and that requires that tax and financial advisors adapt their strategies for pre-retirees. Recognizing the current economic and societal changes drivers, it appears that  debt management, and debt reduction strategies at various life stages, require more attention. This will be a key planning theme at Knowledge Bureau’s upcoming CE Summits.

Poll Comment of the Month: Canadians Betrayed by Tax Proposals

Posted: September 01, 2017 VIA: Knowledge Bureau
Posted in: Strategic Thinking , Federal Government, DAC, capital gains, taxation, knowledge bureau, Evelyn Jacks, income tax, Small Business, distinguished advisor conference, Canadian economy, inflation, tax changes, tax reform, tax rates, entrepreneur, tax proposals, passive investment income tax, Knowledge Bureau poll, Liberal government, layoffs, private corporation, proprietorship, Larry Frostiak, CE Summit, Knowledge Bureau CE Summit, Knowledge Bureau Distinguished Advisor Workshops

We received dozens of thoughtful, well-crafted comments to our August poll on the proposals to tax passive investment income inside a small business corporation at top personal rates. But this “Letter to the Government” submitted by Brad is a must-read.

Business Community Warns Job Losses, Inflation Would Follow Minimum-Wage Hike

Posted: August 18, 2017 By : Tamar Satov
Posted in: Strategic Thinking , small business, Canadian economy, inflation, jobs, minimum wage, Bill 148, Real Wealth Manager, RWM

Last month, Knowledge Bureau issued the results of a poll indicating that financial professionals are firmly divided on the prospect of $15-an-hour minimum wage. Now the business community is having a similar debate

Canada Responsible for Own Economic Growth

Posted: March 13, 2014
Posted in: Breaking News, Investment & Retirement, Succession & Estate Planning, Tax Planning , economic growth, inflation

Canada has weathered the global financial crisis well because of its inflation policies, a resilient financial system, and timely fiscal stimulus.